New stock exchange aiming to offer 23-hour trading set to launch in 2025

24 Exchange announced the launch of the 24X National Exchange in the second half of 2025, pending regulatory approvals, offering nearly round-the-clock trading on business days from 4:00 a.m. to 7:00 p.m. ET, with potential for extended hours. The exchange aims to address the demand for U.S. equities trading in the Asia Pacific region, providing broker-dealers and customers with access to overnight liquidity in response to the growing trend of extended trading hours and the constant trading of cryptocurrencies. CEO Dmitri Galinov emphasized the importance of facilitating around-the-clock trading to mitigate risks associated with market closures.

Full Article